Open House Today and Tomorrow

Both today (2-4PM) and tomorrow (1-4PM), I will be holding open a grand, 1948 home situated on a 7800 sq. ft. lot on top of Genesee Hill. Of course, it has a marvelous Sound and Mountain view. This one-owner home has 3 bedrooms, 2.75 baths and approximately 2300 sq. ft. of living space, plus an attached garage. The address is 5504 SW Dakota Street. The listing agent is my Prudential colleague, Travis Duty, and the list price is $659,999. MLS# 28135069

EVERYONE WHO VISITS ME AT MY OPEN HOUSE WILL RECEIVE A "THANK YOU" GIFT consisting of a variety of valuable coupons and special offers related to home ownership. For example, $50 off carpet cleaning services by Preferred Carpet Care; a free color consultation (valued at $250) and 10% off interior and exterior painting services by Aurea Painters; $50 off a home inspection by Home Inspections of Puget Sound; and many more! The total value of all the coupons combined is over $1000! These are coupons and offers that I have negotiated with local vendors and are AVAILABLE ONLY TO MY CLIENTS. I will be offering these gift packs at all my Open Houses for the foreseeable future, but I reserve the right to discontinue without notice, so don't delay!

Current loan rates

Here is the weekly recap on loan rate activity, as interpreted by Troy Chambers of Arboretum Mortgage:

Rates are slightly better than they were last week. Things are looking up, and the mortgage
business is booming. I hope more and more buyers are looking wonderful time to be purchasing! Please let me know if you need anything, as I am 425-418-5103.

Troy Chambers
Arboretum Mortgage
Phone: 206-720
Fax: 206-860-9340
troy@arboretummortgage.com

Click here to see a table of loan rates.

This weekend's Open House

This Friday (2-4), Saturday (1-4) and Sunday (1-4), I will be holding open a grand, 1948 home situated on a 7800 sq. ft. lot on top of Genesee Hill. Of course, it has a marvelous Sound and Mountain view. This one-owner home has 3 bedrooms, 2.75 baths and approximately 2300 sq. ft. of living space, plus an attached garage. The address is 5504 SW Dakota Street. The listing agent is my Prudential colleague, Travis Duty, and the list price is $659,999. MLS# 28135069

EVERYONE WHO VISITS ME AT MY OPEN HOUSE WILL RECEIVE A "THANK YOU" GIFT consisting of a variety of valuable coupons and special offers related to home ownership. For example, $50 off carpet cleaning services by Preferred Carpet Care; a free color consultation (valued at $250) and 10% off interior and exterior painting services by Aurea Painters; $50 off a home inspection by Home Inspections of Puget Sound; and many more! The total value of all the coupons combined is over $1000! These are coupons and offers that I have negotiated with local vendors and are AVAILABLE ONLY TO MY CLIENTS. I will be offering these gift packs at all my Open Houses for the foreseeable future, but I reserve the right to discontinue without notice, so don't delay!

Waiting for home prices to bottom out?

Are you thinking of buying a new home, but waiting until prices hit rock bottom? Here's what Brad Blackwell, of Wells Fargo Home Mortgage, guest speaker at the recent housing forecast event, has to say about that: "Never try to time the bottom. You're going to miss it."

You can try, of course. And you may even get lucky, but the fact is that no one can tell you when we've hit the bottom until we are on our way back up. There are simply too many factors at play for anyone to make an accurate prediction. That's why you can find experts with years and years of experience in the fields of banking and real estate who will give you wildly different estimates of when the current trend will reverse itself. In the end, the best time to buy is when it's the best time FOR YOU.

If you (that is a plural or singular "you") have a reasonably secure job with a steady income, good credit and money for a downpayment, this is likely to be an excellent time for you to buy. Why? Prices have gone down, interest rates are still low, sellers are more willing to negotiate, and there is lots of inventory to choose from. And much of that inventory is of a higher quality than in the past because so many homeowners withdrew equity from their homes to remodel them in recent years!

There is a lot of fear in the marketplace right now. Many buyers have adopted a "wait and see" attitude. If you are ready to buy now, that can work to your advantage because there is less competition for the home you want. Those who wait until everyone else starts moving back into the market will face increased competition and therefore, increased prices!

Many buyers also back off during November and December because of bad weather and holiday bustle. Again, if you are ready to buy now, and choose not to wait, you are likely to come out ahead of the pack and save a significant amount of money.

If you are thinking that this information is all somewhat self-serving on my part, you are right! NEVERTHELESS, IT'S TRUE! In this case, what is good for me is also good for you. We all win! And that's just the way I like it.

Please give me a call today, and let's talk about how I can help you achieve your dream of buying your first -- or next -- home. 206-708-9800 Alice@AliceKuder.com